As China expands its crackdown, Tencent loses its place among the world’s 10 largest companies by market value, leaving no Chinese companies on the list (Ishika Mookerjee/Bloomberg)

Ishika Mookerjee / Bloomberg:
As China expands its crackdown, Tencent loses its place among the world’s 10 largest companies by market value, leaving no Chinese companies on the list  —  – Firm’s value has shrunk $388 billion amid tech crackdown  — Chinese stocks drop off league table for first time since 2017